Hi can anybody tell me how to compute MAT
Pavan Jain S
(Chartered Accountant)
(1575 Points)
Replied 12 December 2008
MAT is appicable only to companies.. MAT is calculated w.r.t Book Profits. The Book Profits has to be computed by considering Net profit as per p/l account and making adjustments as enumerated in Explanation to section 115JB.
You can refer to the enumeration in sec 115JB for computation
praveen
(Chartered Accountant)
(6971 Points)
Replied 13 December 2008
thanks i got the whole info on MAT
CAclubindia
